Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,990 per tonne, down RMB 15 from yesterday's settlement price, a decline of 0.06 per cent. It opened at RMB 23,995 per tonne during the day and fluctuated within a range of RMB 23,950-24,055 per tonne. Prices traded below the MA5...
The London Metal Exchange (LME) aluminium price reported improvements, rising above 1 per cent across the pricing segment, followed by modest gains in contracts on the September 14 close, recovering from the downward trend reported at the September 13 session . The LME aluminium cash bid and offer...
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In celebration of its new brand identity, AL Circle announces an exclusive limited-period offer for its valued existing members and newcomers joining the AL Circle community. This offer provides valuable insights and benefits to individuals and companies alike. The Executive Summary of Global...
AL Circle Biz is now AL Biz ! We have unveiled our revamped global aluminium marketplace platform, ushering in a new era of efficient and accelerated business transactions for companies worldwide. With over 1500 suppliers from 110 countries already on board, AL Biz aims to become the ultimate...
On the supply side, there are indications of an increase, notably in China, which is expected to lead to an excess metal balance for the current calendar year. As a result, metal prices are unlikely to see significant improvements in the near term and the profit margins of the industry are expected...
Rio Tinto's Kitimat aluminium smelter is finally back in full production after a 17-month restart following a lengthy interruption caused by a strike in 2021. Rio Tinto general manager Simon Pascoe stated that the accomplishment is noteworthy for the community and his 1,100-member crew. The smelter...
On October 4, the LME aluminium live price chart witnessed deescalating prices, with the LME aluminium cash bid price and the LME aluminium official price losing US$25.50 per tonne or 1.13 per cent and US$26 per tonne or 1.15 per cent, respectively, to officially close at US$2,230.50 per tonne and...
In a significant milestone for the AL Circle community, the platform has embarked on a transformative journey, unveiling its fresh and revitalised identity on 5 October, 2023. A decade of progress: The evolution of AL Circle from its inception in 2010 to its latest look showcases an unwavering...
This September marks the 46th annual "Quality Month" in the country, and Ningdong Aluminium Branch of State Power Investment Qingtongxia Aluminum Co., LTD. (referred to as Ningdong Branch) is utilizing the "Quality Month" activity platform to encourage all units to adopt advanced quality management...
Rusal-owned Krasnoyarsk Aluminium Smelter reportedly caught fire on Wednesday, October 4. At 8:57 am (0157 GMT), a fire breakout was reported on the territory of the KrAZ (Krasnoyarsk Aluminium Smelter). The news came after Russia’s TASS state news agency said, citing the officials, “A transformer...
In the scenic Bintan Island of Indonesia, a new industrial complex is emerging near a bustling seaside resort, marking a significant shift from traditional tourism and fishing to aluminium. At its core is an alumina refinery led by Bintan Alumina Indonesia and partially owned by China's Shandong...
Vedanta Limited, an Indian multinational mining company, has announced its metal output report for the second quarter of FY2023-24 ended September 30. As per the report, Vedanta produced 594,000 tonnes of aluminium compared to 579,000 tonnes in the June quarter . That reflected a sequential rise of...
On Tuesday, October 3, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$30 per tonne or 1.31 per cent and US$29.5 per tonne or 1.29 per cent to score at US$2,256 per tonne and US$2,257 per tonne. On the same day, the 3-month bid price and 3-month offer...
On October 03, 2023, Emirates Global Aluminium proudly announced that it has successfully maintained a second consecutive summer with no heat-related illnesses among its workforce. Working outdoors in the United Arab Emirates during the summer can pose a severe risk of heat-related illnesses,...
The United States aluminium crude metals and alloys imports from the United Arab Emirates in the first half of 2023 amounted to 308,000 tonnes, registering a jump of 60.42 per cent from 192,000 tonnes during the corresponding period of the previous year. As the above graph indicates, the United...
The LME aluminium live price chart, on October 2, experienced falling prices, with the LME aluminium cash bid price and the LME aluminium official price losing US$21 per tonne or 0.91 per cent to officially close at US$2,286 per tonne and US$2,286.50 per tonne. The LME aluminium price nearing the...
The LME aluminium benchmark price closed the week on Friday, September 29, with a leap of US$75.50 per tonne or 3.4 per cent. As per the data, the LME aluminium cash bid price and LME aluminium official settlement price stood at US$2,307 per tonne and US$2,307.50 per tonne, respectively. The...
After an incredible 62-year run of smelting operations, the German Speira company is embarking on a transformative journey. In a bold and forward-thinking move, the company has decided to cease the production of primary aluminium by the end of 2023, with the last of the potlines scheduled to be...
Indian aluminium players have increased their aluminium selling price this week in tandem with the LME aluminium growth trend. Vedanta has increased its aluminium ingot and aluminium products prices twice this week, while Hindalco once so far. On Friday, September 29, Vedanta expanded its aluminium...
The LME aluminium benchmark price flaunted a steady growth this week after a drop on the first day. Both LME aluminium cash bid price and LME aluminium official settlement price decreased by 0.77 per cent on Monday, September 25, to stand at US$2,182 per tonne and US$2,182.50 per tonne. On...
